2019 Budget Presentation 1 2019 Budget Summary All Funds - - PowerPoint PPT Presentation

2019 Budget Presentation

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2019 Budget Summary All Funds Estimated Beginning Balance $5,269,074 Budgeted Income $6,588,488 Budgeted Expenses $6,563,677 Net Difference $24,811 Estimated Ending Balance $5,293,885

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2019 Budget Summary

Property Tax Supported Funds General, Police, Fire & Capital Improvement

Estimated Beginning Balance $2,562,374 Budgeted Income $4,297,460 Budgeted Expenses $4,332,116 Net Difference ($34,656) Estimated Ending Balance $2,527,718

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2019 Budget Summary

Transportation Related Funds

Estimated Beginning Balance $379,758 Budgeted Income $384,320 Budgeted Expenses $378,075 Net Difference $6,245 Estimated Ending Balance $38,6003

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2019 Budget Summary

Waste Collection Fund

Estimated Beginning Balance $169,195 Budgeted Income $448,158 Budgeted Expenses $465,968 Net Difference ($17,810) Estimated Ending Balance $150,385

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2019 Budget Summary

Water Fund Estimated Beginning Balance $2,127,773 Budgeted Income $1,446,750 Budgeted Expenses $1,386,318 Net Difference $60,432 Estimated Ending Balance $2,188,205

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2019 Total Revenue by Source

$6,238,488 (excluding transfers)

Property Taxes 50% Charges for Service 32% Intergovernmental 14%

Fines/Fees/Permits 2% Investment Earnings 1% Miscellaneous 1% Special Assessments 0% 7

Property Tax Dollar

Bellbrook -Sugarcreek School District 54.5%

City of Bellbrook 22.6% Greene Co. & Health District 17.5% Park District 2.1%

Greene Co. JVS 3.3% Based on 2017 Residential Effective Tax Rates

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Property Tax Distribution 2017-2018 Based on $100,000 home

2017 2018 School District $1,388 $1,311 City of Bellbrook $562 $531 Greene County $422 $395 Joint Vocational School $81 $78 Park District $52 $49 Health District $24 $24 Total $2,529 $2,388 Difference

• $141

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City Directed Revenue

2012 Costs 2018 Costs Property Taxes $834 $796 Water Fees $271 $271 Waste Fees $192 $156 Total $1,297 $1,223

Change from 2012

• $74

Based on a $150,000 home value with average quarterly water usage

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2019 Budget Breakdown

$6,213,677 (excluding transfers)

Wages & Compensation 45% Fringe Benefits 15% Contract Services 23% Supplies & Materials 4% Capital Outlay 10% Other Expenses 1% Debt Service 2%

Expenditures by Category

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2019 Operating Expenses by Function

Police $1,812,425 33% Fire $1,277,084 23% Water $1,085,626 20% Service $378,075 7% General $418,327 8% Waste $465,968 9% Other $1,200 0%

Total Operating Costs - $5,438,705

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Year End Fund Balance

(Property Tax Supported Funds)

Forecast

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$- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000

2011 2012 2013 2014 2015 2016 2017 2018 Est. 2019 Proj. 2020 2021 2022 2023 2024

Year End Fund Balance

(Water Fund)

$- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Est. 2019 Proj.

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2019 Capital Improvement Program

Capital Improvement Fund $474,280 Water Fund $164,550

Total 2019 Capital Budget $638,830

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2019 Capital Improvement Program

• Administration

– Workstations, server, phone and fiber upgrades = $92,880

• Service

– Annual Street Repair = $150,000

• Tentative list = Firebird, Dane Lane, Dane Court, Kim Court

(milled and overlaid)

– Downtown Improvements = $5,000 – 2.5 Ton Dump Truck (35% of cost shared with water) = $56,000 Total = $211,000

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2019 Capital Improvement Program

• Police

– Update/Remodel old dispatch area = $10,300 – Shotgun lighting = $2,100 Total = $12,400

• Fire

– Fire Station #2 improvements

• Sleeping Quarters = $50,000, Parking Lot Improvements = $25,000

– Command Staff Vehicle = $40,000 – Self Contained Breathing Apparatus = $40,000 – Portable and Mobile Radios = $3,000 Total = $158,000

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2019 Capital Improvement Program

• Water

– Fire Hydrant Replacement Program = $30,000 – Furnace for garage = $8,000 – Well Improvements = $10,650 – 2.5 ton dump truck (65% shared with Capital) = $104,000 – Chlorinators = $2,900 – Trenchbox = $9,000 Total = $164,550

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